Tuttiquotidiani is completely free. Every day we aggregate news from 100+ sources and generate original AI summaries for you. Help us keep the service running with a small donation, or become TQ Pro for just €1/month.

Paytm block deal: Resilient Asset to sell up to Rs 4,895 crore stake at 3% discount

  • Posted on August 17, 2026
  • By Business News Today
  • 1 Views
  • 1 min read
In brief

Resilient Asset Management is executing a significant divestment strategy, planning to offload approximately 4.98% of its stake in Paytm's parent company One 97 Communications via block deal. The transaction, valued at Rs 4,895 crore, is being offered at a 2.9% discount to current market valuations. This strategic exit move could introduce near-term selling pressure on Paytm shares, raising questions about investor confidence and market dynamics in India's fintech sector.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Paytm block deal: Resilient Asset to sell up to Rs 4,895 crore stake at 3% discount
Paytm block deal: Resilient Asset to sell up to Rs 4,895 crore stake at 3% discount

Resilient Asset Management plans to sell up to 4.98% of Paytm parent One 97 Communications through a block deal worth Rs 4,895 crore. The offer carries a 2.9% discount, potentially pressuring shares.
continue reading...

Author
Business News Today

You May Also Like